Breaking News: Economy Archives | Global News Post https://globalnewspost.com/tag/breaking-news-economy/ Fastest Global News Portal Wed, 04 Jun 2025 19:05:10 +0000 en-US hourly 1 https://globalnewspost.com/wp-content/uploads/2025/04/cropped-GLOBAL-NEWS-POST-32x32.png Breaking News: Economy Archives | Global News Post https://globalnewspost.com/tag/breaking-news-economy/ 32 32 Fed ‘Beige Book’ financial file cites declining expansion, emerging costs and sluggish hiring https://globalnewspost.com/2025/06/fed-beige-book-economic-report-cites-declining-growth-rising-prices-and-slow-hiring/ https://globalnewspost.com/2025/06/fed-beige-book-economic-report-cites-declining-growth-rising-prices-and-slow-hiring/#respond Wed, 04 Jun 2025 18:36:00 +0000 https://globalnewspost.com/2025/06/fed-beige-book-economic-report-cites-declining-growth-rising-prices-and-slow-hiring/ A shop ultimate signal is displayed as consumers store right through the ultimate day of a shop ultimate sale at a JOANN Fabric and Crafts location in a shopping center following the corporate’s chapter in Torrance, California on May 27, 2025. Patrick T. Fallon | Afp | Getty Images The U.S. financial system shrunk over …

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Sen. Ron Johnson rips into ‘immoral’ GOP spending invoice: ‘I will’t settle for it’ https://globalnewspost.com/2025/06/sen-ron-johnson-rips-into-immoral-gop-spending-bill-i-cant-accept-it/ https://globalnewspost.com/2025/06/sen-ron-johnson-rips-into-immoral-gop-spending-bill-i-cant-accept-it/#respond Wed, 04 Jun 2025 17:52:00 +0000 https://globalnewspost.com/2025/06/sen-ron-johnson-rips-into-immoral-gop-spending-bill-i-cant-accept-it/ Republican Sen. Ron Johnson on Wednesday blasted President Donald Trump‘s “one giant, stunning invoice” as “immoral” and “grotesque,” and reiterated that he’s going to vote in opposition to it until his GOP colleagues make main adjustments. “This is immoral, what us old farts doing to our young people,” Johnson stated on CNBC’s “Squawk Box” after …

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Trump’s tax invoice would upload $2.4 trillion to the debt, says Congress’ funds watchdog https://globalnewspost.com/2025/06/trumps-tax-bill-would-add-2-4-trillion-to-the-debt-says-congress-budget-watchdog/ https://globalnewspost.com/2025/06/trumps-tax-bill-would-add-2-4-trillion-to-the-debt-says-congress-budget-watchdog/#respond Wed, 04 Jun 2025 16:38:00 +0000 https://globalnewspost.com/2025/06/trumps-tax-bill-would-add-2-4-trillion-to-the-debt-says-congress-budget-watchdog/ President Donald Trump‘s “big, beautiful bill” would upload $2.4 trillion to the nationwide debt over the following decade, the nonpartisan Congressional Budget Office estimated Wednesday. The invoice handed via House Republicans ultimate month would lower federal revenues via $3.7 trillion and decrease spending via $1.3 trillion, in line with the CBO’s newest research. The funds …

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Trump says ‘Too Late’ Powell should decrease rates of interest after vulnerable ADP jobs record https://globalnewspost.com/2025/06/trump-says-too-late-powell-must-lower-interest-rates-after-weak-adp-jobs-report/ https://globalnewspost.com/2025/06/trump-says-too-late-powell-must-lower-interest-rates-after-weak-adp-jobs-report/#respond Wed, 04 Jun 2025 12:35:00 +0000 https://globalnewspost.com/2025/06/trump-says-too-late-powell-must-lower-interest-rates-after-weak-adp-jobs-report/ U.S. Federal Reserve Chair Jerome Powell departs after keeping a press convention following a two-day assembly of the Federal Open Market Committee on rate of interest coverage in Washington, D.C., U.S., May 7, 2025. Kevin Lamarque | Reuters President Donald Trump on Wednesday angrily suggested Federal Reserve Chairman Jerome Powell to chop rates of interest, …

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Private sector hiring rose by way of simply 37,000 in May, the bottom in additional than two years, ADP says https://globalnewspost.com/2025/06/private-sector-hiring-rose-by-just-37000-in-may-the-lowest-in-more-than-two-years-adp-says/ https://globalnewspost.com/2025/06/private-sector-hiring-rose-by-just-37000-in-may-the-lowest-in-more-than-two-years-adp-says/#respond Wed, 04 Jun 2025 12:32:00 +0000 https://globalnewspost.com/2025/06/private-sector-hiring-rose-by-just-37000-in-may-the-lowest-in-more-than-two-years-adp-says/ Private sector activity advent slowed to a near-standstill in May, hitting its lowest degree in additional than two years as indicators emerged of a weakening hard work marketplace, payrolls processing company ADP reported Wednesday. Payrolls higher simply 37,000 for the month, beneath the downwardly revised 60,000 in April and the Dow Jones forecast for 110,000. …

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New Elizabeth Warren file chronicles ‘130 days of Elon Musk’ https://globalnewspost.com/2025/06/new-elizabeth-warren-report-chronicles-130-days-of-elon-musk/ https://globalnewspost.com/2025/06/new-elizabeth-warren-report-chronicles-130-days-of-elon-musk/#respond Tue, 03 Jun 2025 22:48:00 +0000 https://globalnewspost.com/2025/06/new-elizabeth-warren-report-chronicles-130-days-of-elon-musk/ Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to journalists within the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Sen. Elizabeth Warren‘s administrative center issued a file Tuesday chronicling Elon Musk’s “130 days” in President Donald Trump’s management, accusing the billionaire …

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Fed Governor Lisa Cook sees price lists elevating inflation and complicating fee coverage https://globalnewspost.com/2025/06/fed-governor-lisa-cook-sees-tariffs-raising-inflation-and-complicating-rate-policy/ https://globalnewspost.com/2025/06/fed-governor-lisa-cook-sees-tariffs-raising-inflation-and-complicating-rate-policy/#respond Tue, 03 Jun 2025 17:15:00 +0000 https://globalnewspost.com/2025/06/fed-governor-lisa-cook-sees-tariffs-raising-inflation-and-complicating-rate-policy/ Lisa Cook, governor of the United States Federal Reserve, speaks throughout a Fed Listens tournament in Washington, DC, US, on Friday, March 22, 2024.  Al Drago | Bloomberg | Getty Images Federal Reserve Governor Lisa Cook expressed worry Tuesday with the growth on inflation, pronouncing contemporary decrease readings may just opposite after price lists paintings …

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Trump’s international pupil insurance policies alarm Rep. Ro Khanna: They’re ’embedded in Silicon Valley’ https://globalnewspost.com/2025/06/trumps-foreign-student-policies-alarm-rep-ro-khanna-theyre-embedded-in-silicon-valley/ https://globalnewspost.com/2025/06/trumps-foreign-student-policies-alarm-rep-ro-khanna-theyre-embedded-in-silicon-valley/#respond Tue, 03 Jun 2025 15:31:00 +0000 https://globalnewspost.com/2025/06/trumps-foreign-student-policies-alarm-rep-ro-khanna-theyre-embedded-in-silicon-valley/ Democratic Rep. Ro Khanna of California warned Tuesday that the country’s financial system and ability pipeline may just take successful if international scholars choose towards attending faculties within the United States as a result of President Donald Trump’s visa insurance policies. “The reality is that you have people like Elon Musk who were foreign students, …

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Job openings confirmed sudden building up to 7.4 million in April https://globalnewspost.com/2025/06/job-openings-showed-surprising-increase-to-7-4-million-in-april/ https://globalnewspost.com/2025/06/job-openings-showed-surprising-increase-to-7-4-million-in-april/#respond Tue, 03 Jun 2025 14:29:00 +0000 https://globalnewspost.com/2025/06/job-openings-showed-surprising-increase-to-7-4-million-in-april/ Employers higher task openings greater than anticipated in April whilst hiring and layoffs additionally each rose, in keeping with a record Tuesday that confirmed a somewhat secure exertions marketplace. The Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey confirmed to be had jobs totaled just about 7.4 million, an building up of 191,000 …

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In China, ‘The Great American’ burger is now made with Australian pork https://globalnewspost.com/2025/06/in-china-the-great-american-burger-is-now-made-with-australian-beef/ https://globalnewspost.com/2025/06/in-china-the-great-american-burger-is-now-made-with-australian-beef/#respond Mon, 02 Jun 2025 21:26:00 +0000 https://globalnewspost.com/2025/06/in-china-the-great-american-burger-is-now-made-with-australian-beef/ At his eating place in Beijing, Geng Xiaoyun used to provide a different dish of salt-baked rooster toes — or “phoenix talons” as they’re known as in China — imported from America. With costs mountain climbing 30% from March because of price lists, the landlord of Kunyuan eating place needed to pull the Chinese delicacy …

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